About 3101 S 49th Avenue
Explore this mixed-use investment opportunity in Cicero, offering multiple sources of rental income in one property. The building includes four apartments, an operating first-floor cafe, and a three-car garage, all currently rented. The residential portion features a mix of one-bedroom, one-bedroom-plus-flex, and two-bedroom apartments. That variety gives the property appeal to tenants with different space needs, while the first-floor cafe adds a commercial component to the income mix. The rented three-car garage provides an additional source of revenue beyond the residential and cafe leases. Situated near Cicero Avenue, the property offers access to I-55 and Midway International Airport, connecting tenants and customers to the surrounding area and the broader Chicago market. For an investor looking to acquire a property with an existing tenant base and several income sources, this Cicero building is an opportunity to take a closer look.
Features of 3101 S 49th Avenue
| MLS® # | 12768562 |
|---|---|
| Price | $797,000 |
| Bedrooms | 9 |
| Bathrooms | 0.00 |
| Year Built | 1908 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
Community Information
| Address | 3101 S 49th Avenue |
|---|---|
| Area | Cicero |
| City | Cicero |
| County | Cook |
| State | IL |
| Zip Code | 60804 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Yes, Detached, Garage |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partially Finished, Partial |
Exterior
| Exterior | Vinyl Siding |
|---|
School Information
| District | 201 |
|---|
Additional Information
| Days on Market | 7 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Broker LLC |
|---|